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Keith_Richards [23]
2 years ago
3

Sam is responsible for overseeing all new high school construction and Jordan is responsible for all middle school construction

within their county. According to the PMBOK, they would be considered:
Business
1 answer:
max2010maxim [7]2 years ago
8 0

Answer:

<u>project managers</u>

<u>Explanation:</u>

We need to take note of the word <em>"responsible" </em>and <em>"overseeing"</em> which is often applied to project managers. A project manager is one responsible or who oversees the initiating, planning, execution, controlling, and directing of a team towards achieving a project.

PMBOK which stands for Project Management Body of Knowledge would categorize Sam and Jordan as <u>project managers.</u>

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Brief Exercise 5-8 Cullumber Company has a unit selling price of $630, variable costs per unit of $300, and fixed costs of $327,
IRISSAK [1]

Answer:

(a)

Mathematical Equation for break-even

F = QP - QV

Where

F = fixed cost

Q = Break-even quantity

P = Selling price

V = Variable cost

F = Q ( P - V )

Q = F / ( P - V )

Q = $327,030 / ( $630 - $300 )

Q = $327,030 / $330

Q = 991 units

(b)

Contribution Margin = Price per unit - Variable cost per unit

Contribution Margin = $630 - $300 = $330

Break-even Point in Units = Fixed Cost / Contribution margin per unit

Break-even Point in Units = $327,030 / $330 = 991 units

Explanation:

Mathematical equation use the the break-even equation which represent the behavior of each element towards the break-even point.

Contribution per unit method use the contribution of each unit to calculate the break-even point.

5 0
2 years ago
During the past year, Arther Anderson Services paid $360,800 in interest along with $48,000 in dividends. The company issued $23
vlada-n [284]

Answer: $385800

Explanation:

The amount of the cash flow to creditors will be calculated thus:

Begining total liabilities = $225000

Ending total liabilities = $200000

Interest = $360800

Cash flow to creditors will be:

= Begining total liabilities - Ending total liabilities + Interest

= $225000 - $200000 + $360800

= $385800

3 0
2 years ago
Primo Industries collected $105,000 from customers in 2022. Of the amount collected, $25,000 was for services performed in 2021.
Gala2k [10]

Answer:

a.

Net Income for 2022 = $33000

b.

Net Income for 2022 = $36000

Explanation:

a.

The cash basis accounting follows that all the transactions should be recorded in the period in which cash is either received or paid out as a result of that transaction rather than in the period to which they relate to.

Thus, the Net Income for 2022 under cash basis will be,

<u>Cash Receipts in 2022</u>

Collections from customer           105000

<u>Less: Cash Payments in 2020</u>

Expenses paid                              <u>  (72000)</u>

Net Income                                     33000

b.

Under accrual basis, the transactions should be recorded in the period to which they relate to rather than in the period when cash is received or paid out.

Thus, net income for 2022 under accrual basis will be,

Revenue 2022 = 105000 - 25000 + 40000   = $120000

Expenses 2022 = 72000 - 30000 + 42000   = $84000

Net Income = 120000 - 84000  =  $36000

5 0
2 years ago
CMN Inc. uses LIFO and has experienced increasing costs since its founding. CMN disclosed that the LIFO reserve (also known as t
Neporo4naja [7]

Answer:

$20 million

Explanation:

The computation of the ending inventory if FIFO is used

= LIFO reserve + Ending inventory based on LIFO inventory

= $3 million + $17 million

= $20 million

We simply added the LIFO reserve and LIFO ending inventory so that FIFO ending inventory can be computed. Hence, we take all the items for the computation part.

7 0
2 years ago
During winter, red foxes hunt small rodents by jumping into thick snow cover. researchers report that a hunting trip lasts on av
Hatshy [7]

In this report, there are three variables being mentioned. These are:

1st variable = 19 minutes

2nd variable = 7 jumps

3rd variable = 79%

 

In this problem, I believe what we are asked to do is to identify the type of variable the 2nd variable is. We are given that the 2nd variable is “7 jumps”.  This means that the 2nd variable is quantitative because it refers to or relating to a measurement of something rather than the quality. We also know that jumps can only take whole numbers, not decimal. Therefore it is also discrete. Hence, the 2nd variable is:

quantitative and discrete

6 0
2 years ago
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